Earthworks Industries (TSXV:EWK) Interest Expense : C$-0.50 Mil (TTM As of Feb. 2024)

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What is Earthworks Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Earthworks Industries's interest expense for the three months ended in Feb. 2024 was C$ -0.23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was C$-0.50 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Earthworks Industries's Operating Income for the three months ended in Feb. 2024 was C$ -0.41 Mil. Earthworks Industries's Interest Expense for the three months ended in Feb. 2024 was C$ -0.23 Mil. Earthworks Industries did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Earthworks Industries Interest Expense Historical Data

The historical data trend for Earthworks Industries's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Earthworks Industries Interest Expense Chart

Earthworks Industries Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Interest Expense

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-0.49

-0.44

-0.56

-0.34

Earthworks Industries Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-0.38	-0.12	-0.24	0.09	-0.23

Earthworks Industries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.50 Mil.

Earthworks Industries (TSXV:EWK) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Earthworks Industries's Interest Expense for the three months ended in Feb. 2024 was C$-0.23 Mil. Its Operating Income for the three months ended in Feb. 2024 was C$-0.41 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was C$0.00 Mil.

Earthworks Industries's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Earthworks Industries did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Earthworks Industries (TSXV:EWK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Earthworks Industries Inc (TSXV:EWK) » Definitions » Interest Expense

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EAATF:USA

Address

800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6

Website

https://www.earthworksinc.com

Earthworks Industries Inc is engaged in waste disposal. The company project includes Cortina Integrated Waste Management Project. Its geographical segments include Canada and the United States.

Executives

Calvin Woroniak

Director

Earthworks Industries (TSXV:EWK) Headlines

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